Venture Visionary Partners LLC trimmed its position in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV – Free Report) by 94.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,398 shares of the company’s stock after selling 128,504 shares during the period. Venture Visionary Partners LLC’s holdings in SPDR Portfolio S&P 500 Value ETF were worth $409,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Allworth Financial LP boosted its position in SPDR Portfolio S&P 500 Value ETF by 2.6% during the second quarter. Allworth Financial LP now owns 16,630,130 shares of the company’s stock worth $870,421,000 after acquiring an additional 422,591 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 11.8% during the first quarter. Ameriprise Financial Inc. now owns 8,980,322 shares of the company’s stock worth $458,755,000 after purchasing an additional 949,699 shares during the last quarter. Valmark Advisers Inc. increased its stake in SPDR Portfolio S&P 500 Value ETF by 4.1% in the second quarter. Valmark Advisers Inc. now owns 8,271,615 shares of the company’s stock valued at $432,936,000 after purchasing an additional 326,580 shares during the last quarter. JPMorgan Chase & Co. lifted its position in SPDR Portfolio S&P 500 Value ETF by 5.7% during the second quarter. JPMorgan Chase & Co. now owns 7,191,638 shares of the company’s stock worth $376,410,000 after buying an additional 390,643 shares during the period. Finally, Bank of America Corp DE lifted its position in SPDR Portfolio S&P 500 Value ETF by 5.5% during the second quarter. Bank of America Corp DE now owns 6,478,462 shares of the company’s stock worth $339,083,000 after buying an additional 337,506 shares during the period.
SPDR Portfolio S&P 500 Value ETF Price Performance
SPYV opened at $56.73 on Thursday. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $44.39 and a 12 month high of $57.59. The business has a 50-day moving average of $56.08 and a two-hundred day moving average of $54.35. The stock has a market capitalization of $30.66 billion, a price-to-earnings ratio of 20.50 and a beta of 0.89.
SPDR Portfolio S&P 500 Value ETF Profile
SPDR S&P 500 Value ETF (the Fund), formerly SPDR Dow Jones Large Cap Value ETF, seeks to closely match the returns and characteristics of the S&P 500 Value Index. The S&P 500 Value Index measures the performance of the large-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P 500 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio.
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